FAC1501 Introductory Financial Accounting
University of South Africa
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FAC1501 questions and answers 2023 Includes all assignment and answers 2023.
- Exam (elaborations) • 83 pages • 2023
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FAC1501 questions 
and answers 2023 
Includes all 
assignment and 
answers 2023. 
lOMoARcPSD| 
1 
1. SOLUTION TO ACTIVITY 1 IN LEARNING UNIT 11 OF THE STUDY GUIDE 
(1) LUCKY TRADERS 
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR 
ENDED 30 APRIL 20.4 
R 
Revenue (415 000 - 15 000 - 1 500) 398 500 
Cost of sales (250 000 - 330) (249 670) 
Gross profit 148 830 
Other income 5 560 
Interest on fixed deposit 5 200 
Credit losses recovered 360 
154 390 
Distribution, administ...
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FAC1501 Assignment 2 Semester 1 2023
- Exam (elaborations) • 7 pages • 2023
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FAC1501 Assignment 2 Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 .
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FAC1501 Exam Pack 2024
- Exam (elaborations) • 83 pages • 2023
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FAC1501 Exam Pack 2024 100% TRUSTED workings, explanations and solutions. For assistance call or us on .
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FAC1501 ASSIGNMENT 2 SEMESTER 1 2023
- Exam (elaborations) • 7 pages • 2023
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FAC1501 Assignment 2 Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 .
FAC1501 Assignment 3 Semester 2 2022
Fac1501 assignment 03 solutions semester 1; 100% TRUSTED workings, explanations and solutions. Whatsapp 4 for assistance.
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FAC1501 DETAILED EXAM PREP
- Exam (elaborations) • 83 pages • 2022
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FAC1501 
DETAILED EXAM 
PREP 
Assignment Pack 
(2017-2020) 
lOMoARcPSD| 
1 
1. SOLUTION TO ACTIVITY 1 IN LEARNING UNIT 11 OF THE STUDY GUIDE 
(1) LUCKY TRADERS 
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR 
ENDED 30 APRIL 20.4 
R 
Revenue (415 000 - 15 000 - 1 500) 398 500 
Cost of sales (250 000 - 330) (249 670) 
Gross profit 148 830 
Other income 5 560 
Interest on fixed deposit 5 200 
Credit losses recovered 360 
154 390 
Distribution, administrative and other expen...
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